308, Al Thamam 16
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Al Thamam 16
What is 308 worth today?
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Source: Dubai Land Department. Updated 7 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,140 sqft
- Floor
- 3rd of 5
- Parking
- TC16-G-143
- Developer
- Remraam
- Completed
- 2011
- Service charge
- AED 18,300 /yr
- Last sold
- AED 750K · January 2025
- Building
- Al Thamam 16
About 308, Al Thamam 16
308 is a one-bedroom apartment of 1,140 sqft on the 3rd floor of Al Thamam 16, a 5-storey tower in Remraam completed in 2011 by Remraam. It last sold on 7 January 2025 for AED 750,000, or AED 658 per sqft, in line with the AED 677 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 48,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 18,300 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Thamam 16, and where 308 sits
All 24 1-beds →308 last sold in January 2025 at AED 658 per sqft, in line with what one-beds in Al Thamam 16 were fetching at the time (AED 677). 308's AED 48,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Dec 20246 December 2024 | 783 sqft | 680,000 | 868 | ||
| 11 Nov 202411 November 2024 | 670 sqft | 510,000 | 760 | ||
| 2 Oct 20242 October 2024 | 989 sqft | 670,000 | 677 | ||
| 7 Jun 20247 June 2024 | 1,144 sqft | 500,000 | 437 |
Al Thamam 16
Building60 apartments, studios to 3-bed over 5 floors in Remraam, completed in 2011 by Remraam. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,110
- Typical sale
- AED 795K
- Typical rent
- AED 60K /yr
- Typical yield
- 6.9%
Other units on the 3rd floor
All 60 units in Al Thamam 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 494 sqft | AED 486KAED 486,000 · Oct 2013October 2013 | 46,000 /yr | |
| 302 | 1-bed | 1,144 sqft | AED 500KAED 500,000 · Jun 2024June 2024 | 64,500 /yr | |
| 303 | 1-bed | 1,140 sqft | AED 900KAED 900,000 · Dec 2017December 2017 | 40,000 /yr | |
| 304 | 2-bed | 1,004 sqft | AED 900KAED 900,090 · Sep 2013September 2013 | 64,130 /yr | |
| 305 | 1-bed | 675 sqft | AED 635KAED 635,000 · Nov 2016November 2016 | 60,000 /yr | |
| 306 | 1-bed | 675 sqft | AED 365KAED 365,000 · Feb 2022February 2022 | 50,400 /yr | |
| 307 | 2-bed | 1,004 sqft | AED 900KAED 900,090 · Sep 2013September 2013 | 82,000 /yr | |
| 309 | 1-bed | 1,144 sqft | AED 700KAED 700,000 · Dec 2017December 2017 | 70,000 /yr | |
| 310 | Studio | 494 sqft | AED 290KAED 290,000 · Jul 2022July 2022 | 29,000 /yr | |
| 311 | Studio | 405 sqft | AED 377KAED 376,970 · Apr 2013April 2013 | 40,000 /yr |
308, Al Thamam 16 in numbers
- Sold twice: first on 20 April 2014 for AED 855,895, last on 7 January 2025 for AED 750,000 (AED 658 per sqft).
- Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 37,000 in 2020 and recovered to AED 48,000 by December 2023.
- At AED 48,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 18,300 a year (AED 16.07 per sqft).
Source: Dubai Land Department. Updated 7 January 2025.
Questions about 308, Al Thamam 16
What did unit 308 last sell for?
AED 750,000 on 7 January 2025: AED 658 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 855,895 in April 2014.
What is the rent for unit 308?
AED 48,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 42,000; the unit has been rented since May 2014.
How big is unit 308?
1,140 sqft (105.9 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2011.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 308, Al Thamam 16
Starts from the last sale price (AED 750K, 7 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →